SOLUTION: Two investments totaling $41,500 produce an annual income of $2895. One investment yields 9% per year, while the other yields 5% per year. How much is invested at each rate?

Question 1181110: Two investments totaling $41,500 produce an annual income of $2895. One investment yields 9% per year, while the other yields 5% per year. How much is invested at each rate?
Answer by josgarithmetic(39620) (Show Source): You can put this solution on YOUR website!
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Two investments totaling $41,500 produce an annual income of $2895.
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Compounding? Reinvestment every year?

You are probably looking for something like this:
h invested at 9%
41500-h invested at 5%

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